Applied Materials
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General Motors is joining the list of big automakers picking their horses in the race to develop better batteries for electric vehicles with its lead of a $139 million investment into the lithium-metal battery developer, SES.
Volkswagen has QuantumScape; Ford has invested in SolidPower (along with Hyundai and BMW); and now with SES’ big backing from General Motors, most of the big American and European automakers have placed their bets.
“We are beyond R&D development,” said SES chief executive Hu Qichao in an interview with TechCrunch. “The main purposes of this funding is to, one, improve the key material, this lithium metal electrolyte on the anode side and the cathode side, and, two, to improve the scale of the current cell from the iPhone battery size to the size that can be used in cars.”
There’s a third component to the financing as well, Hu said, which is to increase the company’s algorithmic capabilities to monitor and manage cell performance. “It’s something that we and our OEM partners care about,” said Hu.
The investment from GM is the culmination of nearly six years of work with the big automaker, said Hu. “We started working with them in 2015. For the next three years we will go through the standard automation approval processes. Going from ‘A’ sample to ‘B’ sample all the way through ‘D’ sample,” which is the final testing phase before commercial availability of SES’ batteries in cars.
While Tesla, the current leader in electric vehicle sales in America, is looking to improve the form factors of its batteries to make them more powerful and more efficient, Hu said that the chemistry isn’t that different. Solid state batteries represent a step change in battery technology that makes batteries more powerful, easier to recycle and potentially more stable.
As Mark Harris wrote in TechCrunch earlier this year:
There are many different kinds of SSB but they all lack a liquid electrolyte for moving electrons (electricity) between the battery’s positive (cathode) and negative (anode) electrodes. The liquid electrolytes in lithium-ion batteries limit the materials the electrodes can be made from, and the shape and size of the battery. Because liquid electrolytes are usually flammable, lithium-ion batteries are also prone to runaway heating and even explosion. SSBs are much less flammable and can use metal electrodes or complex internal designs to store more energy and move it faster — giving higher power and faster charging.
What SES is doing has brought the company attention not just from General Motors, but from previous investors, including the battery giant SK Innovation; the Singapore-based, government-backed investment firm, Temasek; the venture capital arm of semiconductor manufacturer, Applied Materials, Applied Ventures; the Chinese automaking giant, Shanghai Auto; and investment firm, Vertex.
“GM has been rapidly driving down battery cell costs and improving energy density, and our work with SES technology has incredible potential to deliver even better EV performance for customers who want more range at a lower cost,” said Matt Tsien, GM executive vice president and chief technology officer and president, GM Ventures. “This investment by GM and others will allow SES to accelerate their work and scale up their business.”
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Only a few weeks after the successful public offering of Array Technologies proved that there’s a market for technologies aimed at improving efficiencies across the solar manufacturing and installation chain, Leading Edge Equipment has raised capital for its novel silicon wafer manufacturing equipment.
The $7.6 million financing came from Prime Impact Fund, Clean Energy Ventures and DSM Venturing, and the company said it would use the technology to ramp up its sales and marketing efforts.
For the last few years researchers have been talking up the potential of so-called kerfless, single-crystal silicon wafers. For industry watchers, the single-crystal versus poly-crystalline wafers may sound familiar, but as with many things with the resurgence of climate technology investment, maybe this time will be different.
Silicon wafer production today is a seven-step process in which large silicon ingots created in heavily energy-intensive furnaces are sawed into wafers by wires. The process wastes large amounts of silicon, requires an incredible amount of energy and produces low-quality wafers that reduce the efficiency of solar panels.
Using ribbons to produce its wafers, Leading Edge’s manufacturing equipment uses the floating silicon method to reduce production to a single step, consuming less energy and producing almost no waste, according to the company.
Leading Edge Equipment was founded by longtime experts in the silicon foundry industry — Alison Greenlee, a quadruple-degreed graduate of the Massachusetts Institute of Technology who worked on floating silicon method that reduces waste in the manufacturing of silicon for solar cells; and Peter Kellerman, the progenitor of floating silicon method technologies.
The two founded Leading Edge Equipment to rejuvenate a project that had been mothballed by Applied Materials after years of research.
The two won $5 million in federal grants and raised an initial $6 million from venture capital firms in 2018 to kick off the technology.
Leading Edge expects that its equipment could become the standard for silicon substrate manufacturing.
Kellerman, now the emeritus chief technology officer, was replaced by Nathan Stoddard, a seasoned silicon manufacturing technology expert who has worked on teams that have brought three different solar wafer technologies from concept to pilot production. Stoddard, a former colleague of Greenlee’s at 1366 — one of the early companies devoted to new silicon production technologies — was won over by Greenlee and Kellerman’s belief in the old Applied Materials technology.
The company claims that its technology can reduce wafer costs by 50%, increase commercial solar panel power by up to 7% and reduce manufacturing emissions by more than 50%.
To commercialize the project, earlier this year the team brought in Rick Schwerdtfeger, a longtime innovator in solar technology who began working with CIGS crystals back in 1995. In the 2000s Schwerdtfeger spent his time in building out ARC Energy to scale next-generation furnace technologies.
“After critical technology demonstrations and the development of a new commercial tool, we are now ready to launch this technology into market in 2021,” said Schwerdtfeger in a statement. “Having recently secured a 31,000 square foot facility and doubled the size of our team, we will use this new funding to prepare for our 2021 commercial pilots.”
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Whether flying food or medication to customers’ doors, drones for delivery have arrived. Businesses as far-ranging as UPS, Domino’s, Amazon and the hospital group Ticino EOC are testing drones. Still, most drones built for delivery only fly for a short time and distance. Now, a startup called Volans-i has developed long-range drones for business to business, express deliveries. Read More
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